Module


10 min.

Construction estimating concepts


Module overview

 
Estimating plays a critical role in the planning and execution of construction projects. Accurate estimates help ensure that projects are feasible, properly budgeted, and delivered on time and within scope. In this module, you will learn how estimating supports decision-making throughout the project lifecycle, explore the different types of estimates used at various stages, and understand how quantities, costs, and risks are calculated and applied.
 
In this module, you’ll learn how to:
  • Explain how estimating supports construction planning and budgeting.
  • Identify types of construction estimates and when they are used.
  • Describe key components of an estimate.
 
*Note that instructions for educators on creating a project in ACC are included in the Teaching Supplements section and this must be done in advance to starting this course.

Module outline

  • What is estimating in construction?